Ken Lewis News

As president of the Bank of America, Ken Lewis came to be the poster boy for the country's despised corporate royalty, whose greed and arrogance helped lead the United States into the worst recession since the Great Depression. Leading financial analysts say Lewis destroyed Bank of America , the

The Obama administration's pay czar, Kenneth Feinberg , will demand that seven companies receiving "exceptional" amounts of taxpayer aid cut the annual salaries for their 25 top executives by an average of around 90 percent from 2008's levels, ABC News has confirmed through a person familiar with

During last year's transition period between presidential regimes, Obama economic aides Timothy Geithner and Larry Summers signed off on the Bush administration's deal to bail out Bank of America if it finalized its merger with ailing investment bank Merrill Lynch, according to bank documents

After the Obama administration's pay czar Kenneth Feinberg pushed outgoing Bank of America CEO Ken Lewis to return the $1 million he has made so far this year and forego the $1.5 million he is set to make next year, the White House today called Feinberg a "forceful advocate" for American taxpayers.